A business must leave the scheme when turnover increases to £230,000. However, a business can remain in the scheme with HMRC's written agreement provided it can be shown that total sales in the following 12 months will be less than £191,500 including VAT.

Cars and your VAT return

VAT scale figues for private use are based on carbon emissions.

It is expected that the standard rate of VAT will remain at 20% until at least after the 2015 General Election.

Cars and your VAT return

VAT scale figures for private use are based on carbon emissions. Please refer here for the scale figures for VAT returns.

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If you have any questions, or would like to find out how we can help you or your business, give us a call on 01582 540800 and book a free appointment today. Alternatively, you can get in touch with us by filling in our contact form.